Alta Mesa Resources to Present at IPAA OGIS in New York
08 Avril 2018 - 5:27AM
Alta Mesa Resources, Inc., (NASDAQ:AMR) announced today that Hal
Chappelle, President and Chief Executive Officer, will present at
IPAA-OGIS New York on Monday, April 09, 2018, at the Sheraton New
York Times Square Hotel. The Company's presentation is scheduled
for 2:05 p.m. (EDT). Investors who are interested in Alta Mesa are
encouraged to attend the presentation or listen to the webcast.
Materials related to the presentation along with a link to the
webcast will be available on the Company’s website at
www.altamesa.net.
On April 9, 2018, President and Chief Executive
Officer, Hal Chappelle, Founder and Chief Operating Officer, Mike
Ellis, and other Alta Mesa senior executives will participate in
the NASDAQ Stock Market opening bell ceremony to commemorate AMR's
listing on the NASDAQ Global Select Market in New York, NY.
About Alta Mesa Resources,
Inc.Alta Mesa Resources, Inc. is an independent energy
company focused on the development and acquisition of
unconventional oil and natural gas reserves in the Anadarko Basin
in Oklahoma and through Kingfisher Midstream, LLC provides
best-in-class midstream energy services, including crude oil and
gas gathering, processing and marketing to producers in the STACK
play.
Safe Harbor Statement and
Disclaimer
The information in this press release includes
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements, other
than statements of present or historical fact included in this
press release, regarding Alta Mesa Resources’ strategy, future
operations, financial position, estimated revenues and losses,
projected costs, prospects, plans and objectives of management are
forward-looking statements. When used in this press release, the
words “could”, “should”, “will”, “may”, “believe”, “anticipate”,
“intend”, “estimate”, “expect”, “project,” the negative of such
terms and similar expressions are intended to identify
forward-looking statements, although not all forward-looking
statements contain such identifying words. These forward-looking
statements are based on Alta Mesa Resources’ current expectations
and assumptions about future events and are based on currently
available information as to the outcome and timing of future
events. Alta Mesa Resources’ cautions you that these
forward-looking statements are subject to all of the risks and
uncertainties, most of which are difficult to predict and many of
which are beyond its control, incident to the exploration for and
development and production, gathering and sale of oil, natural gas,
and natural gas liquids. These risks include, but are not limited
to: commodity price volatility, low prices for oil, natural gas
and/or natural gas liquids, global economic conditions, inflation,
increased operating costs, lack of availability of drilling and
production equipment supplies, services and qualified personnel,
processing volumes and pipeline throughput, uncertainties related
to new technologies, geographical concentration of operations of
our subsidiaries Alta Mesa Holdings, LP (“Alta Mesa”) and
Kingfisher Midstream, LLC (“Kingfisher”), environmental risks,
weather risks, security risks, drilling and other operating risks,
regulatory changes, the uncertainty inherent in estimating oil and
natural gas reserves and in projecting future rates of production,
reductions in cash flow, lack of access to capital, Alta Mesa
Resources’ ability to satisfy future cash obligations, restrictions
in existing or future debt agreements of Alta Mesa or Kingfisher,
the timing of development expenditures, managing growth and
integration of acquisitions, failure to realize expected value
creation from property acquisitions, title defects and limited
control over non-operated properties, the Company’s ability to
complete an initial public offering of the Kingfisher midstream
business and the other risks described in the Company’s filings
with the SEC. Reserve engineering is a process of estimating
underground accumulations of oil and natural gas that cannot be
measured in an exact way. The accuracy of any reserve estimate
depends on the quality of available data, the interpretation of
such data and price and cost assumptions made by reservoir
engineers. Specifically, future prices received for production and
costs may vary, perhaps significantly, from the prices and costs
assumed for purposes of these estimates. Sustained lower prices
will cause the twelve-month weighted average price to decrease over
time as the lower prices are reflected in the average price, which
may result in the estimated quantities and present values of Alta
Mesa’s reserves being reduced. In addition, the results of
drilling, testing and production activities may justify revisions
of estimates that were made previously. If significant, such
revisions would change the schedule of any further production and
development drilling. Accordingly, reserve estimates may differ
significantly from the quantities of oil and natural gas that are
ultimately recovered. Should one or more of the risks or
uncertainties described in this press release occur, or should
underlying assumptions prove incorrect, Alta Mesa Resources’ actual
results and plans could differ materially from those expressed in
any forward-looking statements. All forward-looking statements,
expressed or implied, included in this press release are expressly
qualified in their entirety by this cautionary statement. This
cautionary statement should also be considered in connection with
any subsequent written or oral forward-looking statements that Alta
Mesa Resources may issue. Except as otherwise required by
applicable law, Alta Mesa Resources disclaims any duty to update
any forward-looking statements, all of which are expressly
qualified by the statements in this section, to reflect events or
circumstances after the date of this press release.
FOR MORE INFORMATION CONTACT:
Lance L. Weaver (281) 943-5597 lweaver@altamesa.net
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